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If you are serious about being a writer, you need to know a bit about the business. Let’s start with your rights as an author and how to read a publishing contract, in case you are not an author-publisher, keeping ALL your rights.
Anne Rooney summed it nicely up: “Publishing is a business and no matter how friendly and reassuring your editor, they want to make as much money out of the deal as they can. If “it’s just the standard contract” you say that’s fine as a starting point, but now you are going to make it suitable to you and your book. If they say “no one has ever objected before” that means either they are lying or no one ever has read the contract properly and taken a professional approach.”
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As an author you own the copyright, and you own all the rights to your work. You can sell – or give away these rights or use in several ways:
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First Serial Rights
They can be print or electronic and mean you are selling a publisher the right to publish your article once for the first time. In the case of print rights you are free to immediately sell the piece to an e-magazine or e-zine before print publication and, after the print magazine containing your article hits the newsstand, you are free to sell it again as a reprint to other print markets.
First Serial Rights Electronic
However, first serial electronic rights are different – for sample e-magazines or e-zines buy first rights for an exclusive time period, usually one year (often for the laughable amount of $5 or $10), and at the same time, ask for non-exclusive rights after that. While you can immediately sell the same piece to a print market as a “first print right,” you cannot even post the article on your own website until the year is up. After that you are free to sell the article to other electronic markets as a reprint and post it yourself online everywhere you want.
North American first serial rights
Most Canadian and US freelance authors sell North American first serial rights, reserving the right to sell in other world markets (e.g. Great Britain, Australia, Asia). Specify what type of rights you are selling: First North American Electronic Rights Only.
Second Serial Rights
These are reprint rights and apply to print and electronic markets. Never sell reprint rights, keep them at all costs. Even you will earn less money for each reprint, you can sell your work over and over again.
Subsidiary Rights
Other rights that authors and freelancers hold are subsidiary rights, including, but not limited to movie rights, dramatic, TV and radio rights, audio and other media rights.
Digital Rights
However, don’t give up or sell your electronic rights to a traditional book publisher without receiving a large lump sum or at least 50% royalty from the retail price. Most publishing houses are not really experts in e-publishing and often don’t use the electronic rights to your book. But it would prevent you from e-publishing your own work or selling it to a high-royalty-paying e-publisher.
All Rights
In this case the author gives up all future income from the article or book and only retains the copyright. Giving up all your rights should be only considered if a tremendous sum is paid for.
Copyright Protection in the USA and Canada
Copyright protection in Canada is automatic upon the creation of a given work, regardless of the medium of its creation, and it lasts until fifty years after the creator’s death – in the USA seventy years.
Before You Sign Any Contracts:
Always first contact your national authors’ or writers’ associations for further information and get legal advice from a lawyer who is specialized in copyright. This can save you ten thousands of dollars.
Sources:
http://www.copyright.gov/help/faq/
http://publications.gc.ca/site/eng/ccl/aboutCopyright.html
http://www.stroppyauthor.com/2010/07/how-to-read-publishing-contract-part-15.html
https://savvybookwriters.wordpress.com/2013/04/28/how-to-sell-foreign-book-rights/
https://savvybookwriters.wordpress.com/2012/03/16/part-2-great-opportunity-for-authors-foreign-right-sales/
http://www.sfwa.org/for-authors/writer-beware/
http://www.writing-world.com/links/rights.html
http://www.cipo.gc.ca
http://www.writersunion.ca
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